Greencoat Renewables PLC Result of Meeting (4578W)
August 01 2018 - 5:00AM
UK Regulatory
TIDMGRP
RNS Number : 4578W
Greencoat Renewables PLC
01 August 2018
Greencoat Renewables PLC
Result of EGM
1 August 2018
Greencoat Renewables PLC ("Greencoat Renewables" or the
"Company"), the renewable infrastructure company, invested in
euro-denominated assets, is pleased to announce that at the EGM
held at 9.00 a.m. today, 1 August 2018, each of the Resolutions was
duly passed without amendment.
Application has been made to Euronext Dublin and the London
Stock Exchange for 110,000,000 Placing Shares to be admitted to
trading on ESM and AIM, respectively. Admission of the Placing
Shares will become effective and dealings will commence in the
Placing Shares at 8.00 a.m. on 2 August 2018. The enlarged issued
share capital of the Company on Admission will be 380,000,000
Ordinary Shares.
At the same EGM noted above, details of the Resolutions passed,
are as follows:
In Favour
(including discretionary) Against Withheld*
Resolution Votes % Votes % Votes
1 144,259,100 100 0 0 0
2 143,055,909 99.17 1,203,191 0.83 0
*A vote withheld is not a vote in law and is therefore not
counted towards the proportion of votes "for" or "against" the
Resolution.
The full wording of the Resolutions can be found below:-
To consider and, if thought fit, to pass the following
Resolution as an Ordinary Resolution:
1. THAT, in addition to the general authority granted at the
annual general meeting of the Company held on 26 April 2018, the
Directors be and are hereby generally and unconditionally
authorised, pursuant to Section 1021 of the Companies Act 2014, to
exercise all of the powers of the Company to allot relevant
securities (within the meaning of the said Section 1021) up to an
aggregate nominal amount equal to EUR2,500,000. The authority
hereby conferred shall expire at close of business on the date
preceding the date which is 12 calendar months after the date of
passing of this Resolution, unless previously renewed, varied or
revoked; provided that the Company may make an offer or agreement
before the expiry of the authority conferred by this Resolution
which would or might require relevant securities to be allotted
after such authority has expired, and the Directors may allot
relevant securities in pursuance of such an offer or agreement as
if the power conferred by this Resolution had not expired.
To consider and, if thought fit, to pass the following
Resolution as a Special Resolution:
2. THAT, in addition to the power granted at the annual general
meeting of the Company held on 26 April 2018, subject to the
passing of Resolution 1 above, the Directors be and are hereby
empowered, pursuant to Sections 1022 and 1023(3) of the Companies
Act 2014, to allot equity securities (within the meaning of the
said Section 1023(1)) for cash pursuant to the authority to allot
relevant securities conferred on the Directors by Resolution 1 of
this Notice of EGM as if Section 1022(1) did not apply to any such
allotment, provided that such power shall:
(a) be limited to the allotment of Ordinary Shares up to a
nominal aggregate amount equal to EUR2,500,000; and
(b) expire at close of business on the date preceding the date
which is 12 calendar months after the date of passing of this
Resolution, unless previously varied, revoked or renewed, and
provided further that the Company may before such expiry make an
offer or agreement which would or might require equity securities
to be allotted after such expiry and the Directors may allot equity
securities in pursuance of such offer or agreement as if the power
conferred hereby had not expired.
The full text of each Resolution and a summary of proxy votes
received will shortly be available on the Company's website and
will also be submitted to the National Storage Mechanism for
inspection at www.morningstar.com.
Capitalised terms not defined in this Announcement shall have
the meaning given to them in the Circular.
For further information, please contact:
Greencoat Renewables PLC +44 20 7832 9400
Bertrand Gautier
Paul O'Donnell
Tom Rayner
Davy (Joint Bookrunner, Nomad and ESM Adviser) +353 1 6796363
Fergal Meegan
Ronan Veale
Barry Murphy
RBC (Joint Bookrunner) +44 20 7653 4000
Matthew Coakes
Duncan Smith
Jonathan Hardy
FTI Consulting (Media Enquiries) +353 1 765 0886
Jonathan Neilan
Melanie Farrell
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
ROMMMGGRRMLGRZG
(END) Dow Jones Newswires
August 01, 2018 05:00 ET (09:00 GMT)
Greencoat Renewables (LSE:GRP)
Historical Stock Chart
From Sep 2024 to Oct 2024
Greencoat Renewables (LSE:GRP)
Historical Stock Chart
From Oct 2023 to Oct 2024